Australia's largest stock trading and investment forum Australia's #1 stock forum

GTG

Click for more information

2.56%

4.0¢ genetic technologies limited

happens every day. doesn't matter if it's in the green or red....

First 216 Last

Share
Profile

Follow
realraul

187 Posts.

16

06/03/18

08:20

Post #: 31546066
Share

Originally posted by Ausbert ↑

The trading pattern over the last few days seems quite strange. Someone drops a huge volume just before the close of trading to make sure that the SP ends in red. The party has no concern whatsoever of the amount of shares needed to drop to achieve the target. They have been successfully doing it for last 5-6 days. I am at a loss figuring out why tens of millions of shares have been selling well below the CR price of 1.4 cents. Unless the deal has fallen through, this is ridiculous. My gut feeling is this. Someone wants those who has bought before the trading halt to sell out before they start the next phase of GTG. If my hypothesis is true and judging by the number of shares that they are willing to sacrifice for their goal, one thing is certain. The share price will achieve unexpected highs when they are done with the manipulation. Do not forget that they are talking about a business that is potentially worth billions of dollars.

Expand

happens every day. doesn't matter if it's in the green or red. happened again today on gene. last 5 mins, dropped off a cliff.

GTG Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

CXU

Cauldron discovers shallow uranium up to 2km at WA's Yanrey

PAR

FDA hands Paradigm Biopharma guidance to re-jig phase 3 osteo trial – or is it a delay?

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

ASX Market Open: Australian bourse to fall as subdued Wall Street awaits rate cut decision | September 18, 2024

There are more pages in this discussion • 13 more messages in this thread...

First 216 Last

Add GTG (ASX) to my watchlist

(20min delay)
Last 4.0¢		Change 0.001(2.56%)		Mkt cap ! $5.816M

Open	High	Low	Value	Volume
4.0¢	4.0¢	4.0¢	$520	13K

Buyers (Bids)

No.	Vol.	Price($)
3	68961	3.9¢

Sellers (Offers)

Price($)	Vol.	No.
4.0¢	2341	1

View Market Depth

No.	Vol.	Price($)
3	68961	0.039
2	26876	0.038
4	86054	0.037
2	27082	0.036
2	154717	0.035

Price($)	Vol.	No.
0.040	2341	1
0.043	49918	1
0.044	111710	2
0.045	23772	2
0.046	8556	1

Last trade - 10.05am 18/09/2024 (20 minute delay)

GTG (ASX) Chart